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To: DesertRhino; BobL; JonPreston
Henry Hub piped gas is 5.56 per mmBtu, and TTF Netherlands August futures is at 43.225 per mmBtu.

That's only 8 times the price.

They're giving LNG away.  face with tears of joy face with tears of joy face with tears of joy

I guess the LNG Pollyannas of FR kind of forgot that crucial little detail...

9 posted on 06/30/2022 2:56:15 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil; BobL

Suck it Euro Greenies.


13 posted on 06/30/2022 3:14:14 PM PDT by JonPreston
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To: kiryandil

“Henry Hub piped gas is 5.56 per mmBtu (Oklahoma), and TTF Netherlands (Europe) August futures is at 43.225 per mmBtu.”

Yep, much of that difference is due to the Freeport Terminal going pop (probably due to the feds demanding that they cut corners for more deliveries to Europe). If we can’t export our gas to Europe, we’re stuck having a surplus here, so sorry Biden, your Globalist friends may be killing us on gasoline and food prices, but natural gas is in surplus, and there’s not a damn thing you can do about it.

By the way, for others, multiple the mmBTU (million BTU) number by 6 to get the equivalent price for the same energy in barrels of oil, so $33/barrel ($0.80/gallon) for the United States, and $258/barrel (or $6.00/gallon) in Europe. Seems to me that the Neocon ‘Sanctions on Russia’ are doing a STELLAR job of punishing EUROPEANS.


14 posted on 06/30/2022 3:14:37 PM PDT by BobL (My hatred of Necons/Globalists exceeds my love of Ukraine or any other country, other than the US)
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